Items related to Macro-Economics: Theory Performance and Policy
Synopsis
The keys to understanding the machinations of the markets writ large, contend the authors, is rational expectations. It may seem entirely reasonable to suggest and to suppose the a population en bloc will display tendencies that spring from anticipated reactions to their actions,but the notion was resisted mightily by theoreticians who preferred to consult their charts ratherr than the prevailing winds. That is not to say that there is no firm mathematical grounding in these theories; indeed there is, and in plenty, but there is also verification in observed behavior. Hall and Taylor had the burden of proof to support their then novel theories, and one can suppose that they supplied more than enough evidence. Young economists and enlightened humanists, as well as mathematicians and statisticians will find much to satisfy their disciplines, and they must all be careful to take what is presented in small bites lest they find themselves having bitten off more than they can comfortably...chew.
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Macro-Economics: Theory Performance and Policy
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Macro-Economics: Theory Performance and Policy
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Macro-Economics: Theory Performance and Policy
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hardcover. Condition: Good. Connecting readers with great books since 1972! Used textbooks may not include companion materials such as access codes, etc. May have some wear or writing/highlighting. We ship orders daily and Customer Service is our top priority! Seller Inventory # S_441706244
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Macroeconomics : Theory Performance and Policy
Published by
Norton & Company, Incorporated, W. W., 1988
ISBN 10: 039395630X
ISBN 13: 9780393956306
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Hardcover
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Condition: Good. Used book that is in clean, average condition without any missing pages. Seller Inventory # 38867557-6
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Macro-Economics: Theory Performance and Policy - Second Edition
Published by
W W Norton & Co Inc NaN, 1988
ISBN 10: 039395630X
ISBN 13: 9780393956306
Used
Hardcover
Seller: Bookbot, Prague, Czech Republic
Seller rating 5 out of 5 stars
Hardcover. Condition: Fair. Beschriftungen / Markierungen; Leichte Risse. The keys to understanding the machinations of the markets writ large, contend the authors, is rational expectations. It may seem entirely reasonable to suggest and to suppose the a population en bloc will display tendencies that spring from anticipated reactions to their actions,but the notion was resisted mightily by theoreticians who preferred to consult their charts ratherr than the prevailing winds. That is not to say that there is no firm mathematical grounding in these theories; indeed there is, and in plenty, but there is also verification in observed behavior. Hall and Taylor had the burden of proof to support their then novel theories, and one can suppose that they supplied more than enough evidence. Young economists and enlightened humanists, as well as mathematicians and statisticians will find much to satisfy their disciplines, and they must all be careful to take what is presented in small bites lest they find themselves having bitten off more than they can comfortably.chew. Seller Inventory # 9afb10f5-fa73-4c86-a547-e5d04c9f90ae
Quantity: 1 available